Saturday, May 14, 2016

Against the former President of Argentina, Cristina Fernandez, initiated a criminal case

Against the former President of Argentina, Cristina Fernandez, initiated a criminal case
Judge Claudio Bonadio indicted the former head of state and ex-Minister of the economy Alex Kicillof and former head of the Central Bank Alejandro Vanoli. For each property in the amount of $ 1 million seized.

According to the prosecution, the Central Bank sold dollars on the futures market at a lower price. This allowed the various companies and banks to buy the U.S. currency for the price of 10 pesos, while the new President Mauricio Macri has decided to sharply devalue the national currency, and now the rate is 14.4 pesos per dollar. The difference corresponds to the loss which was incurred by the state.

Although CBA is an independent institution, the judge said that the operations could not be carried out without the support of the President and the head of the Ministry of economy.

Fernandez de Kirchner, representative of the left political wing, held the post of President for two consecutive terms. Elections in November 2015 was won by the candidate of the right-wing opposition Mauricio Macri.
[rushincrash.com]
14/5/16
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